Established in 2010, Annora Vietnam Footwear Co., Ltd, is one of eight members of HongFu Group in Vietnam. The subject is engaged in making shoes for Nike & Converse. The subject's factory is allocated an area of 22 ha in Nghi Son economic zone, Thanh Hoa province. The subject is considered a large company in the market. The subject's activities develop stably through the years, despite being affected by Covid-19. Only one noticeable point was that the current liabilities were maintained at higher than the current assets for many years. It made working capital negative. The ability to cover short-term obligations was not appreciated highly. In 2021, along with a large deficit of CFI (Net cash flows from investing activities) was a decrease of CFO (Net cash flows from operating activities). This made Net Cash Flow slump and was negative. It meant that the subject had more outgoing than incoming money.
Headquarters
Nghi Son Economic Zone, Xuan Lam Ward
Thanh Hoa; North Central Coastal Vietnam;
Postal Code: 40000-42000
Contact Details: Purchase the Annora Vietnam Footwear Limited report to view the information.
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